[Federal Register Volume 61, Number 23 (Friday, February 2, 1996)] [Notices] [Page 3941] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-2220] ----------------------------------------------------------------------- DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Office of the Assistant Secretary for Housing-Federal Housing Commissioner [Docket No. FR-4020-D-01] Redelegation of Authority by the Mortgagee Review Board to Conduct Hearings Pursuant to Section 202(c)(4) of the National Housing Act, 12 U.S.C. 1708(c)(4), as Implemented by 24 CFR Part 25 AGENCY: Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD. ACTION: Notice of redelegation of authority. ----------------------------------------------------------------------- SUMMARY: The Mortgagee Review Board (``Board'') within the Department of Housing and Urban Development redelegates to the Assistant Secretary for Housing-Federal Housing Commissioner, in his/her capacity as chairperson to the Board, the authority to serve as the Board's ``hearing official'' for appeals of certain sanctions by Mortgagees. The chairperson retains the right to redelegate the authority accompanying the ``hearing official'' position, to a specific designee on a case-by-case basis. EFFECTIVE DATE: January 26, 1996. FOR FURTHER INFORMATION CONTACT: Georjan D. Overman, Trial Attorney, Office of General Counsel, Office of Program Enforcement, administrative Proceedings Division, Department of Housing and Urban Development, 451 Seventh Street, SW., Room 10251, Washington, DC 20410, (202) 708-4248. This is not a toll-free number. SUPPLEMENTARY INFORMATION: Section 202(c)(4) of the National Housing Act, 12 U.S.C. 1708(c)(4), authorizes the Board to ``hold a hearing on the record'' concerning certain sanctions it has taken against a mortgagee, if the mortgagee so requests within thirty (30) days notice of the Board's action. Section 202(c)(4) is implemented by HUD regulations published at 24 CFR Part 25. On August 1, 1995, Part 25 was amended to allow the Board to redelegate its hearing authority to a ``hearing official.'' 60 FR 39236 (August 1, 1995) (effective August 31, 1995). The ``hearing official'' reviews submissions by the mortgagee, conducts informal hearings, and prepares findings of fact and a recommended decision to the Board. 60 FR 39238, August 1, 1995 (to be published at 24 CFR 25.8). The present redelegation is intended to allow the Assistant Secretary for Housing/Federal Housing Commissioner, in his/her capacity as chairperson to the Board, to serve as the ``hearing official'' for appeals of certain sanctions by mortgagees. It also makes clear that the chairperson retains the right to redelegate the authority accompanying the ``hearing official'' position, to a specific designee on a case-by-case basis. This further redelegation will be accomplished in the form of a written notice from the chairperson of the Board to the affected mortgagee. Accordingly, the Mortgagee Review Board redelegates authority as follows: Section A. Authority Redelegated To the Assistant Secretary for Housing/Federal Housing Commissioner, in his/her capacity as chairperson of the Mortgagee Review Board, there is redelegated the authority of the Mortgagee Review Board to serve as the ``hearing official'' pursuant to 60 FR 39236, August 1, 1995 (to be published at 24 CFR Part 25). Section B. Authority to Further Redelegate From the Chairperson to a Specific Designee Only The chairperson may redelegate to a specific designee all authority granted in Section A., above, except for the authority to further redelegate the authority granted. The redelegation from the chairperson to the specific designee shall be accomplished on a case-by-case basis in the form of a written notice from the chairperson of the Board to the affected mortgagee. Authority: Sec. 202(c), National Housing Act (12 U.S.C. 1708(c)); Sec. 7(d), Department of Housing and Urban Development Act (42 U.S.C. 3535(d)). Dated: January 17, 1996. Nicolas P. Retsinas, Assistant Secretary for Housing-Federal Housing Commissioner. Dated: December 12, 1995. Nelson A. Diaz, General Counsel. Dated: January 23, 1996. Kevin G. Chavers, President, Government National Mortgage Association. Dated: January 23, 1996. Marilynn A. Davis, Assistant Secretary for Administration. Dated: January 24, 1996. John A. Knubel, Chief Financial Officer. Dated: January 25, 1996. Elizabeth K. Julian, Acting Deputy Assistant Secretary for Policy and Initiatives, Office of Fair Housing and Equal Opportunity. [FR Doc. 96-2220 Filed 2-1-96; 8:45 am] BILLING CODE 4210-27-M